01:28 PM EDT, 06/25/2025 (MT Newswires) -- WELL Health Technologies ( WHTCF ) announced an increased capacity of 45,000 new patient openings across its +210 Canadian clinic network through international physician recruitment efforts, notes Sifel Canada's Justin Keywood.
The company is aiming to take on an additional 20 internationally trained doctors in 2025. The announcement follows the Ontario Government's action plan to invest $1.8 billion in primary care. The province is targeting to add 80 new primary care teams in 2025 at a cost of $235 million, where WELL is positioned to benefit, holding the #1 clinic market share.
Keywood notes that WELL's stock trades at a 52-week low and ~1x sales as it works through U.S. billing headwinds which are expected to alleviate later this year. Still, "investor patience may be required ahead of the unlocked value."
WELL is rated Buy, with a $9 price target.
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